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The voice recognition system market for automotive is estimated to be USD 941.0 million in 2017 and is projected to grow at a CAGR of 19.41%NEW YORK, Jan. 11, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05281355 Asia Pacific is projected to be the largest voice recognition system market for automotive in terms of volume and value by 2025 Asia Pacific is projected to be the largest market for voice recognition system market for automotive by 2025. Increase in disposable income in developing countries such as India and China and rising demand for premium cars as well as comfort features in the vehicles are the key growth factors for the market in this region. Currently, North American region is estimated to be the largest market for voice recognition system. With one of the largest markets for premium segment vehicles, North America is expected to dominate the voice recognition system market in 2017. Also, the demand for additional safety and convenience features in mid variant vehicles is increasing exponentially in the region. These factors are expected to fuel the growth of the voice recognition system market in the North American region. BREAKDOWN OF PRIMARIES The study contains insights provided by various industry experts, ranging from voice recognition software providers to Tier-1 companies and OEMs. The break-up of the primaries is as follows: • By Company Type: Tier-1–40%, Tier-2–38%, and Tier 3–22% • By Designation: C level–43%, D level–26%, Others–31% • By Region: North America–41%, Europe–31%, Asia Pacific–21%, RoW–7% The report provides detailed profiles of the following companies: • Nuance (US) • Microsoft (US) • Alphabet (US) • Harman (US) • Apple (US) • Sensory (US) • VoiceBox (US) • iNAGO (Japan) • LumenVox (US) • VocalZoom (Israel) • Promptu (US) Research Coverage The report covers the voice recognition system market for automotive based on Region (North America, Europe, Asia Pacific, and Rest of World), application (AI and non-AI), technology (embedded and hybrid), level of autonomous driving (autonomous , conventional, and semi-autonomous), Fuel type (BEV, ICE, and Others (Hybrid), and end-user (economy, mid-priced, and luxury). Reasons to Buy the Report: The report provides insights into the following points: • Market Penetration: The report provides comprehensive information on voice recognition system market and the top players in the industry. • Market Development: The report provides comprehensive information on various technologies of voice recognition system. The report analyzes the markets for various voice recognition system technologies across different countries. • Market Diversification: The report provides exhaustive information about emerging technologies, recent developments, and investments in the global voice recognition system market. • Competitive Assessment: The report offers an in-depth assessment of strategies, services, and manufacturing capabilities of leading players in the global voice recognition system market. Read the full report: https://www.reportlinker.com/p05281355 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (646)-751-7922 Intl: +1 646-751-7922
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